Where the Growth Is in Technology Stocks

Hot tops from a fund whiz.

By

Mark Veverka

Updated Aug. 10, 2009 12:01 a.m. ET

THE MARKET'S RALLY HAS PUT A BOUNCE BACK in the step of many investors, especially those in tech. So, as I have done in recent years, I checked in with Allison Thacker, managing director and co-portfolio manager for a group of funds at San Francisco-based RS Investments, a former appendage of the old Robertson Stephens investment firm. The RS Technology Fund (ticker: RSIFX), which she co-manages with Steven Bishop, has been on fire in 2009. As of July 31, the fund is up 47.53% compared with 10.97% for the S&P. The tech fund's up only 2.84% in the past three years, but that's still better than the S&P 500's 6.16%...